XRP has formed a golden cross in its Bitcoin pairing, indicating potential upward momentum. The recent altcoin bull run has seen funds flowing from Bitcoin to other cryptocurrencies, including XRP. XRP reached highs of $1.63 on November 23, its highest since May 2021. SEC Chair Gary Gensler's resignation is seen as a favorable development for the digital asset industry. XRP has been outperforming Bitcoin in recent weeks and reached levels not seen since November 2023. However, XRP needs to overcome key resistance levels to sustain its upward trend. The golden cross does not guarantee future gains, and broader market trends may impact XRP's performance. At the time of writing, XRP/BTC was declining 2.59% daily.



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